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The formal announcement comes more than a year after the highly-respected former CEO Yves Carcelle announced that he would step down at the end of 2012 after 22 years in the job. Constans joined the company in the same month and it was revealed that he would spend a year familiarising himself with the role before officially filling Carcelle's shoes.

However, Carcelle's relationship with the brand is not set to end - he is to become vice chairman of the forthcoming Fondation Louis Vuitton, a Frank Gehry-designed art museum slated to open next year on the leafy fringes of Paris, reports
WWD
. Additionally, he will remain on LVMH's executive committee, where he will work alongside Bernard Arnault, its chairman and CEO.

Before his appointment at Vuitton, Constans, a Spanish national, was executive vice president of Danone's fresh dairy products division as well as a member of its executive committee.